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economy

Finland's Nordica icebreaker ship docked in the Helsinki port on May 1, 2012. (Roni Rekomaa/AFP/GettyImages)
Business Business (Finland) Finland General 

Finland: Icebreaker strike cancelled, ports to stay open over Easter

Yle News
Posted: Thursday, April 2, 2015 at 13:47 — Last Updated: Tuesday, April 7, 2015 at 19:42
0 Comments

A dispute between icebreaker crew and their employer will not now shut Finnish ports on Thursday after the two sides

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(Harald Pettersen / Statoil via Scanpix Norway /AP)
Business Business (Norway) General Norway 

In Arctic, Norway steps on the gas

Atle Staalesen, The Independent Barents Observer
Posted: Wednesday, March 25, 2015 at 15:56 — Last Updated: Thursday, March 26, 2015 at 21:54
0 Comments

Gas production in northern Norwegian waters is steadily making its way. But more discoveries and new infrastructure are needed for

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Business Business (USA) General Special Features USA 

Alaska’s financial dilemma: The state dependence on oil begins

Dermot Cole, Alaska Dispatch
Posted: Monday, March 16, 2015 at 14:03
0 Comments

Oil taxes and royalties have been the source of about 90 percent of Alaska’s unrestricted general revenues, but with oil

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The company Kuzbassrazrezugol (KRU) does no longer want to build a coal terminal in Murmansk. (Atle Staalesen/Barents Observer)
Business Business (Russia) General Russia Special Features 

Murmansk, Russia: Transport hub trouble, again

Atle Staalesen, The Independent Barents Observer
Posted: Thursday, March 12, 2015 at 15:28 — Last Updated: Friday, March 13, 2015 at 20:37
0 Comments

The development of the Murmansk Transport Hub might be in jeopardy as costs swell and a key private investor seeks

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coal
Business Business (Russia) General Russia 

Russia’s northernmost coal-producing region experiences decline

Atle Staalesen, The Independent Barents Observer
Posted: Monday, March 9, 2015 at 14:34 — Last Updated: Tuesday, March 10, 2015 at 14:05
0 Comments

Russia’s northernmost coal-producing region in 2014 experienced hardship and decline. Figures from Patchwork Barents, a regional data portal, show that coal production

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Empty beds at an Imatra hotel in eastern Finland. (Yle)
Business Business (Finland) Finland General 

Number of Russian Christmas tourists to Finland plummets

Yle News
Posted: Thursday, February 19, 2015 at 13:38 — Last Updated: Friday, February 20, 2015 at 16:28
0 Comments

Some 75,500 accommodation nights for Russians were registered in the past December. This is a drop of 52 percent as

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(Kare Lehtonen / Yle)
Business Business (Finland) Finland General 

Finland’s real estate market forecast to slump in 2015

Yle News
Posted: Wednesday, February 11, 2015 at 20:03 — Last Updated: Thursday, February 12, 2015 at 21:59
0 Comments

Finland’s real estate market is set to continue to slide this year, according to a new report. Investors are more

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Business Business (Canada) Canada General Special Features 

New guidelines for polar shipping

Marc Montgomery, Radio Canada International
Posted: Wednesday, February 11, 2015 at 14:32 — Last Updated: Thursday, February 12, 2015 at 21:59
0 Comments

As more and more ships travel through polar waters, new training guidelines for their masters, navigators, and crews have been

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Pumpjacks at work pumping crude oil near Halkirk, Alta., June 20, 2007. (Larry MacDougal/The Canadian Press)
Business Business (Canada) Canada General Special Features 

Stymied in the Lower 48, Alberta floats idea of moving tar-sands oil through Alaska

Alex DeMarban, Alaska Dispatch News
Posted: Tuesday, February 10, 2015 at 14:33 — Last Updated: Wednesday, February 11, 2015 at 20:04
0 Comments

Officials in the Canadian province of Alberta say they hope to talk to Alaska leaders about shipping tar-sands crude oil

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Dmitry Rogozin heads Russia's commission for Arctic affairs. (Alexander Zemlianichenko/AP)
General Politics Politics (Russia) Russia 

Controversial Russian politician to head Artic commission

Trude Pettersen, The Independent Barents Observer
Posted: Friday, February 6, 2015 at 15:26 — Last Updated: Friday, February 6, 2015 at 22:06
0 Comments

Deputy Prime Minister Dmitry Rogozin is said to become head of Russia’s new commission for Arctic issues. The commission will

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Russians have fled the Finnish real estate markets. (Yle)
General Russia Society Society (Russia) 

Russian property purchases in Finland at near-standstill

Yle News
Posted: Monday, February 2, 2015 at 20:21 — Last Updated: Tuesday, February 3, 2015 at 21:32
0 Comments

The economic crisis in Russia has affected Finland in many ways already, now in the form of new cabin purchases

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The biggest bank in northern Norway is loosing big money in neighboring Murmansk. (Atle Staalesen/Barents Observer)
Business Business (Norway) General Norway 

Norwegian bank loses 300 million in Murmansk, Russia

Atle Staalesen, The Independent Barents Observer
Posted: Friday, January 23, 2015 at 19:04 — Last Updated: Monday, January 26, 2015 at 20:24
0 Comments

Murmansk was seen as an up-and-coming market for banks in Norway. Now they all flee the region with multi-million losses. The

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Alaska senator Lisa Murkowski listens during a session of the Senate Energy and Natural Resources Committee on Capitol Hill January 8, 2015 in Washington, DC. (Brendan Smialowski/AFP/Getty Images)
Business Business (USA) General Special Features USA 

Keystone XL: Bad for Alaska Crude?

Liz Ruskin, Alaska Public Media
Posted: Tuesday, January 20, 2015 at 22:38 — Last Updated: Thursday, January 22, 2015 at 21:48
0 Comments

The fight over the Keystone XL Pipeline is likely to heat up in Congress this week. Senate Bill 1 would

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Investment risk or profitable industry? Arctic oil and gas drilling was topic at Sunday's opening debate in Tromsø at the Arctic Frontiers conference. (Thomas Nilsen/Barents Observer)
Business Business (Norway) General Norway 

Will Barents oil investments be financial disaster?

Thomas Nilsen, The Independent Barents Observer
Posted: Monday, January 19, 2015 at 14:14
0 Comments

TROMSØ: To drill or not to drill, that’s the Arctic Frontiers question of the year. Investor Jens-Ulltveit-Moe warns Troms and

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Dolginskoye field, Pechora Sea. (Gazprom Neft)
Business Business (Russia) General Russia 

New Russian oil fields along Barents ice edge

Atle Staalesen, The Independent Barents Observer
Posted: Friday, January 16, 2015 at 16:32 — Last Updated: Monday, January 19, 2015 at 21:32
0 Comments

  Gazprom Neft gets a 83,000 square kilometer oil license area in the northern part of the Barents Sea. As oil

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Feature

Wide shot of the Centennial Flame with the Parliament building behind
The Parliament of Canada is the federal legislature of Canada, seated at Parliament Hill in Ottawa, and is composed of three parts: the Monarch, the Senate, and the House of Commons. Photo: La Presse canadienne / Adrian Wyld

Inuit push for land protection with focus on social economy

In Taloyoak, Nunavut, the northernmost hamlet on mainland Canada, Inuit are working to conserve their territory and set up a community-driven, land-based economy. Photo : Eilís Quinn

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